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Compared to Estimates, Globus Medical (GMED) Q3 Earnings: A Look at Key Metrics
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Globus Medical (GMED - Free Report) reported $763.72 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 0.7%. EPS of $1.23 for the same period compares to $1.18 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $792.96 million, representing a surprise of -3.69%. The company delivered an EPS surprise of +2.5%, with the consensus EPS estimate being $1.20.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Globus Medical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenues- International: $142.74 million versus $161.08 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.7% change.
Geographic Revenues- United States: $620.98 million versus the two-analyst average estimate of $633.92 million. The reported number represents a year-over-year change of +0.5%.
Net Sales by Product Category- Enabling Technologies: $34.86 million versus $27.46 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +24.3% change.
Net Sales by Product Category- Musculoskeletal Solutions: $728.86 million versus the two-analyst average estimate of $767.54 million. The reported number represents a year-over-year change of -1.6%.
Shares of Globus Medical have returned +18.1% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Globus Medical (GMED) Q3 Earnings: A Look at Key Metrics
Globus Medical (GMED - Free Report) reported $763.72 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 0.7%. EPS of $1.23 for the same period compares to $1.18 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $792.96 million, representing a surprise of -3.69%. The company delivered an EPS surprise of +2.5%, with the consensus EPS estimate being $1.20.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Globus Medical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Globus Medical here>>>
Shares of Globus Medical have returned +18.1% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.